US stocks close higher as traders brush off Powell's warnings of more potential rate hikes

Tech Insider
powell fed interest rates fomc
Fed chief Powell reiterated that inflation was still above the Fed's 2% target.

AP Photo/Susan Walsh, File

US Stocks edge higher as traders wait for Powell's Jackson Hole speech

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Federal Reserve Governor Jerome Powell attends the Federal Reserve Bank of Kansas City's annual Jackson Hole Economic Policy Symposium in Jackson Hole, Wyoming August 28, 2015. REUTERS/Jonathan Crosby
Federal Reserve Governor Jerome Powell attends the Federal Reserve Bank of Kansas City's annual Jackson Hole Economic Policy Symposium in Jackson Hole, Wyoming

Thomson Reuters

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